Inpixon (INPX) has released an update to notify the public and investors about an entry into a material definitive agreement.
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Inpixon has recently amended its Senior Secured Promissory Note with XTI Aircraft Company, increasing the maximum principal amount from about $2.3 million to $4 million. Additionally, the maturity date has been shifted from January 30, 2024, to March 31, 2024. This change reflects Inpixon’s continuous investment and adjustment strategies within the financial markets.
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For a comprehensive understanding of the announcement, you can read the full document here.